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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Hong Kong’s OneDegree to Provide Digital Asset Protection Insurance with Munich Re

OneDegree is developing more technology to provide protection to participants in the digital assets market.

by Nicholas Otieno
Apr 12, 2022

CRYPTOCURRENCY

Hong Kong’s OneDegree to Provide Digital Asset Protection Insurance with Munich Re

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